Volume Flow seems to diverge from price when the market is oversold. In other words, the yellow lines dictate when the hype cycle fueled by harmful investors emerges (a secondary, greed-fueled cycle, as opposed to a momentum-fueled run), and the selloffs from disciplined market makers begins. Don't be like the traders in the chart that kept buying for a year after...
It's pretty speculative but I didn't want to go too high. In other words:
1990 hi -> 2000 hi = ~2 vertical bars rise
2000 hi -> 2008 hi = ~4 or 5 vertical bars rise
2008 hi -> 20018 = I stuck a line between the the previous highs and extended into where the next cycle should be around, so I stuck with that. 150 Might be impressive though.
I tried to post a LOG scale chart so we could have a straight line, but that didn't work so I'll try to post it below.
It's important to notice that the volatility of rise is not identical to the last bull market and so the bear market should perhaps be shorter. I don't think correlation is causation but lately there are more exchanges, more traders, and the...
The strategy is in the chart. If the signal trend diverges from the price trend towards the midline (50), a momentum change is emerging, but realization is not imminent. We're in shark territory now. Don't float around too long.
Short term (1-3 months) we won't see a new major phase break out until BTC hits hype phase. Until then, we're stuck in this yellow falling wedge. Too high too fast for this impulse; seems like a good sell.
If we can maintain this fractal of growth of 1 magnitude per 2 major market waves, we can forecast up to 10USD for the next high. Hard to know when this bear market will end though, so the date of 4 and 5 is a guesstimate here. It could be a short or long bear market, but I tried to match the angle for waves 3 and 4 with 1 and 2, which seems to work out decently....
My last CLAM/USD chart had too many lines and overlapping colors, and I wanted to update the exponential channel to be a bit more accurate to my original intentions. The last high on wave 3 was 15 USD, so I'm looking to accumulate heavy here in the sub 5 dollar range (below the red line).
Overall, I think this range is very conservative but realistic. If...
Looking good, we're ~80-90% down from the current all-time-high(2.1 USD). If we look at the red midline in the middle of the pitchfork, we can see that it's time to accumulate like a champion. Looking to buy a lot in the next few months.